Michael W Troncale, CFP®
Managing Director, Wealth Management, Financial Advisor, Senior Investment Management Consultant, Financial Planning Specialist, Alternative Investments Director, Family Wealth Director
Phone:
(212) 603-6282(212) 603-6282
The BTW Group at Morgan Stanley
Direct:
(212) 603-6100(212) 603-6100
Toll-Free:
(800) 843-0211(800) 843-0211
Our Mission Statement
We help families across generations manage their financial lives, so they may live a more meaningful life.
Our Story
The BTW Group is a tightly-knit team of six seasoned professionals with a complementary set of skills, knowledge and experience. Together, we provide highly customized advice and advanced planning services to private individuals and families around the world. We work diligently to deliver exceptional service through a tailored, goals-based approach to comprehensive wealth management.
As a multigenerational team serving multigenerational families, we focus on building longstanding relationships and are proud of the fact that many of our clients have been with us for more than 40 years. We are honored to work with their children and grandchildren, and often their parents.
Over the years, we have developed a strong understanding of the capital markets and are well versed on all facets . We have cultivated skills in investment management, retirement planning and philanthropic services. Most importantly, we take pride in our ability to effectively communicate advanced strategies and put them into action, helping to empower our clients to achieve their financial goals and personal aspirations.
At The BTW Group, we enjoy sharing our knowledge and experiences with our clients, providing perspective and financial guidance as they take on new challenges. Committed to helping you grow and preserve your assets, we will work to earn your trust every day, so we may proudly be recognized as your financial family through every one of life’s important milestones.
As a multigenerational team serving multigenerational families, we focus on building longstanding relationships and are proud of the fact that many of our clients have been with us for more than 40 years. We are honored to work with their children and grandchildren, and often their parents.
Over the years, we have developed a strong understanding of the capital markets and are well versed on all facets . We have cultivated skills in investment management, retirement planning and philanthropic services. Most importantly, we take pride in our ability to effectively communicate advanced strategies and put them into action, helping to empower our clients to achieve their financial goals and personal aspirations.
At The BTW Group, we enjoy sharing our knowledge and experiences with our clients, providing perspective and financial guidance as they take on new challenges. Committed to helping you grow and preserve your assets, we will work to earn your trust every day, so we may proudly be recognized as your financial family through every one of life’s important milestones.
Services Include
- Financial PlanningFootnote1
- Wealth Consulting
- Wealth ManagementFootnote2
- 401(k) Rollovers
- 529 PlansFootnote3
- Alternative InvestmentsFootnote4
- AnnuitiesFootnote5
- Asset Management
- Divorce Financial AnalysisFootnote6
- Endowments and FoundationsFootnote7
- Estate Planning StrategiesFootnote8
- Exchange Traded FundsFootnote9
- Executive Benefit ServicesFootnote10
- Business Succession PlanningFootnote11
- Fixed IncomeFootnote12
- Lending Products
- Life InsuranceFootnote13
- Long Term Care InsuranceFootnote14
- Municipal BondsFootnote15
- Philanthropic Services
- Planning for Education FundingFootnote16
- Sustainable InvestingFootnote17
- Planning for Individuals with Special Needs
- Professional Portfolio ManagementFootnote18
- Retirement PlanningFootnote19
- LGBT+ Planning ServicesFootnote20
- Trust AccountsFootnote21
- Art AdvisoryFootnote22
- Trust ServicesFootnote23
- UGMA/UTMAFootnote24
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Awards
Recognized as an industry leader:
• Forbes Best-in-State Wealth Management Teams (2023-2025)
• Michael W. Troncale- Morgan Stanley President’s Club Advisor (2019-2024)
• Michael W. Troncale- Forbes Best-In-State Wealth Advisors (2021-2025)
• Kate K. Waters- Morgan Stanley President’s Club Advisor (2020-2024)
• Kate K. Waters- Forbes Best-In-State Wealth Advisor (2018-2025)
• Kate K. Waters- Forbes Top Women Wealth Advisors (2020-2022)
• Kate K. Waters- Working Mother Magazine’s Top Wealth Advisor Mom (2017-2021)
• Kate K. Waters- Named to Morgan Stanley MAKERS (2019)
2023-2025 Forbes Best-In- State Wealth Management Teams
Source: Forbes.com (Awarded 2023, 2024, 2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in March of year prior to the issuance of the award.
2018-2024 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
2020-2024 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In- State (formerly referred to as Forbes Top Women Wealth Advisors, Forbes America's Top Women Wealth Advisors)
Source: Forbes.com (Awarded 2020, 2021, 2022, 2023, 2024). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
2017-2021 Working Mother Magazine & SHOOK Research's Top Wealth Advisor Moms
Source: Workingmother.com (Awarded October 2017, 2018, 2019, 2020, 2021). Data compiled by SHOOK Research LLC based on 12-month period concluding in Mar of the year the award was given.
• Forbes Best-in-State Wealth Management Teams (2023-2025)
• Michael W. Troncale- Morgan Stanley President’s Club Advisor (2019-2024)
• Michael W. Troncale- Forbes Best-In-State Wealth Advisors (2021-2025)
• Kate K. Waters- Morgan Stanley President’s Club Advisor (2020-2024)
• Kate K. Waters- Forbes Best-In-State Wealth Advisor (2018-2025)
• Kate K. Waters- Forbes Top Women Wealth Advisors (2020-2022)
• Kate K. Waters- Working Mother Magazine’s Top Wealth Advisor Mom (2017-2021)
• Kate K. Waters- Named to Morgan Stanley MAKERS (2019)
2023-2025 Forbes Best-In- State Wealth Management Teams
Source: Forbes.com (Awarded 2023, 2024, 2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in March of year prior to the issuance of the award.
2018-2024 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
2020-2024 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In- State (formerly referred to as Forbes Top Women Wealth Advisors, Forbes America's Top Women Wealth Advisors)
Source: Forbes.com (Awarded 2020, 2021, 2022, 2023, 2024). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
2017-2021 Working Mother Magazine & SHOOK Research's Top Wealth Advisor Moms
Source: Workingmother.com (Awarded October 2017, 2018, 2019, 2020, 2021). Data compiled by SHOOK Research LLC based on 12-month period concluding in Mar of the year the award was given.
Working With You
As your life evolves, not only does your financial strategy become more complex, but your options for implementing it increase as well. At The BTW Group, we use a goals-based process that measures success by how you’re progressing toward meeting the goals most important to you.
This forward-thinking approach enables us to design and implement appropriate solutions to help empower you to achieve and maintain financial success. Ultimately, goals-based investing empowers you to be more confident in your investment decisions now and in the future.
Our Wealth Management Process
This forward-thinking approach enables us to design and implement appropriate solutions to help empower you to achieve and maintain financial success. Ultimately, goals-based investing empowers you to be more confident in your investment decisions now and in the future.
Our Wealth Management Process
Step 1: Understanding You
We begin with an in-depth conversation to understand your goals and the goals of your family, the concerns you have and what you ultimately would like to achieve.
Step 2: Analyzing Your Needs
Next, we review your current and future financial situation, identify the likelihood of reaching your goals, and address any potential shortfalls or the impact of unexpected life events.
Step 3: Tailoring Your Solution
We prepare a comprehensive investment policy statement for you that addresses your individual income and cash flow needs, investment objectives and guidelines, and risk/return parameters.
Step 4: Carrying Out Your Choices
With our guidance, you’ll have access to a comprehensive array of strategies, services and programs that can collectively provide you with the foundation for implementing and delivering your financial strategy.
Step 5: Continuously Reviewing
We monitor your progress on a daily basis and review the performance through quarterly calls and meetings. We may recommend adjustments over time due to changing market conditions or changes in your circumstances to help keep you on track towards achieving your goals.
Community Involvement
Through a variety of collaborative efforts, we are deeply engaged in creating a better and brighter future for our communities. Collectively and individually, our team serves vital organizations that include:
Morgan Stanley’s culture of global citizenship is something we embrace locally by leveraging our global resources in the communities where we do business. The firm invests in children’s health initiatives along with education, diversity and cultural programs that better our people and society. We are proud to be members of the Morgan Stanley family and carry on the firm’s 80+ year tradition.
Morgan Stanley’s culture of global citizenship is something we embrace locally by leveraging our global resources in the communities where we do business. The firm invests in children’s health initiatives along with education, diversity and cultural programs that better our people and society. We are proud to be members of the Morgan Stanley family and carry on the firm’s 80+ year tradition.
• Concern Worldwide
• Healthy Child, Healthy World
• National Multiple Sclerosis Society
• WECNY-Women’s Executive Circle of New York
• Villanova University’s Anne Welsh McNulty Institute for Women’s Leadership
• Villanova Financial Club
• Boston College Wall Street Club
• St. Stephen of Hungary Foundation
• Camp Venture
• Echoing Green Fellowship
• Trout Unlimited
• Covenant House of New York
• Smile Train
• LIFT: Morgan Stanley Women’s Business Development Council
• Donorschoose.org
• Healthy Child, Healthy World
• National Multiple Sclerosis Society
• WECNY-Women’s Executive Circle of New York
• Villanova University’s Anne Welsh McNulty Institute for Women’s Leadership
• Villanova Financial Club
• Boston College Wall Street Club
• St. Stephen of Hungary Foundation
• Camp Venture
• Echoing Green Fellowship
• Trout Unlimited
• Covenant House of New York
• Smile Train
• LIFT: Morgan Stanley Women’s Business Development Council
• Donorschoose.org
Clients
Our clients are much more than a portfolio of assets – they are people with active lives, who seek a team of advisors who will provide thorough and objective guidance on a full range of financial topics. When you work with us, you will be treated with respect, care and an unwavering commitment to you and your family.
We strive to build deep and enduring relationships with our clients and have found we work best with individuals and families who favor:
A multi-generational view of family
A 360 degree view of your finances
A long-range focus on achieving your goals, not beating benchmarks
A conservative approach to investing
Open conversations about wealth planning and investment expectations
A multi-generational view of family
A 360 degree view of your finances
A long-range focus on achieving your goals, not beating benchmarks
A conservative approach to investing
Open conversations about wealth planning and investment expectations
Our clients include:
Multi-generational families
Entrepreneurs
Women seeking guidance for themselves and their family
Family offices and family foundations
Corporate executives and business owners (or business leaders)
Retirees and individuals planning for retirement
Children and parents of current clients
Nonprofit organizations and institutions
Entrepreneurs
Women seeking guidance for themselves and their family
Family offices and family foundations
Corporate executives and business owners (or business leaders)
Retirees and individuals planning for retirement
Children and parents of current clients
Nonprofit organizations and institutions
While each client has a unique personal and professional situation, collectively they all have one thing in common: they are focused on achieving very specific financial goals, so they may secure their family’s financial future and pursue their personal passions.
Location
55 East 52nd Street 7th
Fl
New York, NY 10055
US
Direct:
(212) 603-6100(212) 603-6100
Toll-Free:
(800) 843-0211(800) 843-0211
Meet The BTW Group
Kate K Waters, CFP®, CPM®
Managing Director, Wealth Management, Financial Advisor, Portfolio Manager, Senior Investment Management Consultant, Financial Planning Specialist, Family Wealth Director
Phone:
(212) 603-6118(212) 603-6118
Michael DaSilva
Financial Advisor, Financial Planning Specialist
Phone:
(212) 603-6143(212) 603-6143
Geraldine C. Mazza
Assistant Vice President, Wealth Management Associate
Phone:
(212) 603-6194(212) 603-6194
Jennifer L. Generoso
Assistant Vice President, Business Development Director
Phone:
(212) 603-6252(212) 603-6252
Hannah Belin
Registered Client Service Associate
Phone:
(212) 603-6193(212) 603-6193
About Michael W Troncale
A results-driven Financial Advisor with 25 years of industry experience, Michael combines his deep knowledge of wealth management with solid leadership skills and a disciplined, consultative, and educational approach to guide affluent families and business leaders towards the achievement of their specific financial goals. His areas of concentration include asset management, risk and liability management, philanthropic planning and intergenerational wealth transfer strategies.
In October 2024, Michael earned the elite title of Family Wealth Director, awarded to those Financial Advisors who have extensive experience working with Ultra High Net Worth clients and have undergone rigorous training. Michael earned the distinguished CERTIFIED FINANCIAL PLANNER™ (CFP®) designation in 2003, demonstrating his commitment to helping clients address the complicated issues facing today’s wealthy families. As a seasoned wealth manager, Michael has experience with total wealth management design, investment allocation, capital markets research and trading, offshore trust development for non-U.S. residents, restricted stock and specialized transactions, trade execution and portfolio performance appraisals. His knowledge in alternative investments and their role in the asset allocation process is an integral part of his practice.
Michael began his career in 1992 with Shearson Lehman Brothers. He received his Bachelor’s in Business Administration with a concentration in Finance from Adelphi University. Michael was named a Morgan Stanley President’s Club Advisor (2019- 2024) & to Forbes Best-In-State Wealth Advisors (2021-2024). He splits his time between New York City and Candlewood Lake, CT with his wife and two children.
Disclaimers:
Not all products and services are available in all jurisdictions or countries
Asset Allocation does not assure a profit or protect against loss in declining financial markets.
2021-2024 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2021, 2022, 2023, 2024). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
In October 2024, Michael earned the elite title of Family Wealth Director, awarded to those Financial Advisors who have extensive experience working with Ultra High Net Worth clients and have undergone rigorous training. Michael earned the distinguished CERTIFIED FINANCIAL PLANNER™ (CFP®) designation in 2003, demonstrating his commitment to helping clients address the complicated issues facing today’s wealthy families. As a seasoned wealth manager, Michael has experience with total wealth management design, investment allocation, capital markets research and trading, offshore trust development for non-U.S. residents, restricted stock and specialized transactions, trade execution and portfolio performance appraisals. His knowledge in alternative investments and their role in the asset allocation process is an integral part of his practice.
Michael began his career in 1992 with Shearson Lehman Brothers. He received his Bachelor’s in Business Administration with a concentration in Finance from Adelphi University. Michael was named a Morgan Stanley President’s Club Advisor (2019- 2024) & to Forbes Best-In-State Wealth Advisors (2021-2024). He splits his time between New York City and Candlewood Lake, CT with his wife and two children.
Disclaimers:
Not all products and services are available in all jurisdictions or countries
Asset Allocation does not assure a profit or protect against loss in declining financial markets.
2021-2024 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2021, 2022, 2023, 2024). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
Securities Agent: AZ, CT, OH, SC, NC, MA, DC, NJ, CO, AL, TX, SD, NY, NM, WA, VT, MO, MD, UT, MN, IL, GA, DE, CA, WY, VA, TN, OR, ME, AR, WI, RI, PA, NV, NH, MI, FL, OK; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1255369
NMLS#: 1255369
About Kate K Waters
As a Senior Partner for The BTW Group, Kate leads our Family Wealth Advisory practice where she is responsible for Client Engagement, Investment Oversight and Coordination of all of our clients Financial/Estate/Philanthropic planning strategies. Her practice includes uniquely successful entrepreneurs, multi-generational families and nonprofits, with a special emphasis on empowering women.
Prior to joining Morgan Stanley in 2000, Kate was an investment banker for a boutique firm advising entrepreneurs through various stages of capital raises, leveraging her experience in cap tables. She received her B.A. degree from Villanova University and an International Accreditation from the University of London. She also completed the Certified Portfolio Management® program from Columbia University and earned the CERTIFIED FINANCIAL PLANNER™ (CFP®) designation from the Certified Financial Planner® Board of Standards, an independent regulatory organization. In 2024, Kate earned the exclusive title of Family Wealth Director; a title only awarded to Financial Advisors who have extensive experience working with Ultra High Net Worth clients.
Kate is currently on Villanova University’s Board of Trustees after having served on the Advisory Council for Villanova University’s McNulty Institute for Women’s Leadership since 2017. She is the President, first female President, for the Villanova Financial Club and received the 2020 VUAA Volunteer Award for Distinguished Service. Kate formerly served as Co-Chair for Morgan Stanley’s National Financial Advisor Advisory Council for over 5 years, where she liaised with Senior Management on strategic initiatives for both the firm and our clients. She was recently on the Board of Directors for Concern Worldwide (US) a global humanitarian organization, whose mission is to end extreme poverty and was named Concern Worldwide’s “2016 Woman of Concern,” honoring her commitment to humanitarian efforts. She was formerly on the Board of Directors for the Women’s Executive Circle of New York (WECNY), and is a Founding Member of LIFT, Morgan Stanley’s Women’s Business Development Council. She has been named a Morgan Stanley President’s Club Advisor (2019-2025), to Forbes Best-In-State Wealth Advisors (2018-2024), Forbes Top Women Wealth Advisors (2020-2025), Working Mother magazine’s “Top Wealth Advisor Moms" (2017-2021), and to the 2019 Class of MAKERS, that recognize groundbreakers, innovators and advocates to advance women in the workplace. Kate splits her time between Manhattan and Stratton, VT with her husband and three children and loves to cook, ski, golf, read and explore.
2018-2024 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2018-2024). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
2020-2025 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In- State (formerly referred to as Forbes Top Women Wealth Advisors, Forbes America's Top Women Wealth Advisors)
Source: Forbes.com (Awarded 2020-2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
2017-2021 Working Mother Magazine & SHOOK Research's Top Wealth Advisor Moms
Source: Workingmother.com (Awarded October 2017-2021). Data compiled by SHOOK Research LLC based on 12-month period concluding in Mar of the year the award was given.
Prior to joining Morgan Stanley in 2000, Kate was an investment banker for a boutique firm advising entrepreneurs through various stages of capital raises, leveraging her experience in cap tables. She received her B.A. degree from Villanova University and an International Accreditation from the University of London. She also completed the Certified Portfolio Management® program from Columbia University and earned the CERTIFIED FINANCIAL PLANNER™ (CFP®) designation from the Certified Financial Planner® Board of Standards, an independent regulatory organization. In 2024, Kate earned the exclusive title of Family Wealth Director; a title only awarded to Financial Advisors who have extensive experience working with Ultra High Net Worth clients.
Kate is currently on Villanova University’s Board of Trustees after having served on the Advisory Council for Villanova University’s McNulty Institute for Women’s Leadership since 2017. She is the President, first female President, for the Villanova Financial Club and received the 2020 VUAA Volunteer Award for Distinguished Service. Kate formerly served as Co-Chair for Morgan Stanley’s National Financial Advisor Advisory Council for over 5 years, where she liaised with Senior Management on strategic initiatives for both the firm and our clients. She was recently on the Board of Directors for Concern Worldwide (US) a global humanitarian organization, whose mission is to end extreme poverty and was named Concern Worldwide’s “2016 Woman of Concern,” honoring her commitment to humanitarian efforts. She was formerly on the Board of Directors for the Women’s Executive Circle of New York (WECNY), and is a Founding Member of LIFT, Morgan Stanley’s Women’s Business Development Council. She has been named a Morgan Stanley President’s Club Advisor (2019-2025), to Forbes Best-In-State Wealth Advisors (2018-2024), Forbes Top Women Wealth Advisors (2020-2025), Working Mother magazine’s “Top Wealth Advisor Moms" (2017-2021), and to the 2019 Class of MAKERS, that recognize groundbreakers, innovators and advocates to advance women in the workplace. Kate splits her time between Manhattan and Stratton, VT with her husband and three children and loves to cook, ski, golf, read and explore.
2018-2024 Forbes Best-In- State Wealth Advisors
Source: Forbes.com (Awarded 2018-2024). Data compiled by SHOOK Research LLC based 12-month time period concluding in June of year prior to the issuance of the award.
2020-2025 Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In- State (formerly referred to as Forbes Top Women Wealth Advisors, Forbes America's Top Women Wealth Advisors)
Source: Forbes.com (Awarded 2020-2025). Data compiled by SHOOK Research LLC based on 12-month time period concluding in Sept of year prior to the issuance of the award.
2017-2021 Working Mother Magazine & SHOOK Research's Top Wealth Advisor Moms
Source: Workingmother.com (Awarded October 2017-2021). Data compiled by SHOOK Research LLC based on 12-month period concluding in Mar of the year the award was given.
Securities Agent: PA, MI, WA, SD, AZ, OR, MD, UT, NJ, NC, MO, DE, WY, TX, TN, OH, NY, NH, MA, FL, CA, AR, AL, VA, SC, NV, DC, OK, MN, IL, GA, CT, CO, WI, NM, ME, VT, RI; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1288140
NMLS#: 1288140
About Michael DaSilva
As a Financial Advisor, Michael adopts a consultative approach in his relationship with his clients and is committed to providing exceptional service, differentiated investment advice, and customized solutions to those families with whom he works.
Michael joined Morgan Stanley and the BTW Group in 2015 and has served in various roles including as an Associate, Consulting Group Analyst, and Director of Business Strategy, where he led research and investment management efforts.
Originally from Waterbury, Connecticut, Michael earned a Bachelor of Arts degree in Political Science and History from Boston College. He holds both the Series 7 and 66 registrations with FINRA, and is a licensed insurance Agent in the State of New York (NY Insurance License #1784644). The team was named on the 2025 Forbes Best-In-State Wealth Management Teams list.
Michael has been a resident of New York City for nearly a decade and lives with his wife in the Flatiron District. He is a supporter of Children in the Wilderness, a non-profit organization which aims to facilitate sustainable conservation through leadership development and education of children in Africa. Outside of the office, he enjoys spending time with his family, trying new restaurants, reading, and traveling.
Source: Forbes (Awarded Jan 2025) Data compiled by SHOOK Research LLC based for the period 3/31/23–3/31/24.
Michael joined Morgan Stanley and the BTW Group in 2015 and has served in various roles including as an Associate, Consulting Group Analyst, and Director of Business Strategy, where he led research and investment management efforts.
Originally from Waterbury, Connecticut, Michael earned a Bachelor of Arts degree in Political Science and History from Boston College. He holds both the Series 7 and 66 registrations with FINRA, and is a licensed insurance Agent in the State of New York (NY Insurance License #1784644). The team was named on the 2025 Forbes Best-In-State Wealth Management Teams list.
Michael has been a resident of New York City for nearly a decade and lives with his wife in the Flatiron District. He is a supporter of Children in the Wilderness, a non-profit organization which aims to facilitate sustainable conservation through leadership development and education of children in Africa. Outside of the office, he enjoys spending time with his family, trying new restaurants, reading, and traveling.
Source: Forbes (Awarded Jan 2025) Data compiled by SHOOK Research LLC based for the period 3/31/23–3/31/24.
Securities Agent: MI, UT, NM, MN, GA, SD, OR, MA, KY, DE, TN, MD, WA, NY, NV, NC, DC, WI, VT, CT, AZ, ME, VA, AR, RI, OK, CO, CA, WY, NH, MO, IL, SC, PA, FL, AL, NJ, TX, OH; General Securities Representative; Investment Advisor Representative
NMLS#: 2532665
NMLS#: 2532665
About Geraldine C. Mazza
Drawing on more than 15 years of industry experience, Geri is often the first line of contact on a broad array of administrative and operational services. Highly adept at answering client questions quickly and efficiently, Geri is passionate about providing excellent service. She not only knows how to help meet each client’s specific needs, she knows how to anticipate them as well. Her patience and empathy may provide clients with more confidence.
Geri began her career in financial services at Lazard Freres. She joined The BTW Group in 2014 and has been an integral member of the team ever since. A graduate of Hofstra University with a B.B.A. degree in Finance, se currently holds the Series 7 and 63 FINRA registrations and insurance licensed. Geri is most proud of her two children.
Geri began her career in financial services at Lazard Freres. She joined The BTW Group in 2014 and has been an integral member of the team ever since. A graduate of Hofstra University with a B.B.A. degree in Finance, se currently holds the Series 7 and 63 FINRA registrations and insurance licensed. Geri is most proud of her two children.
About Jennifer L. Generoso
Jen Generoso joins the BTW Group as our Business Development Director and leads our team in implementing strategies to execute our business plan while ensuring our clients are provided with first class service. Her extensive knowledge of Morgan Stanley’s products, services & capabilities provides our clients with an efficient and pleasant interaction every time.
Prior to joining our team, she was the Business Development Director of one of the 2022 Forbes America’s Top Wealth Management Teams.
Jen began her tenure with Morgan Stanley Wealth Management in 2013 as a Senior Registered Associate, bringing with her 8 years of experience with UBS Financial Services Inc. During her time at UBS she worked in back office operations with various trading & service desks, such as mutual funds, Taxable Fixed Income, Treasury Auction & 10b5-1 Trading Plans. She also successfully completed UBS’ Branch Management Training Program.
Jen received her B.S. in Business Management from St. John’s University and holds the Series 7, 66, 9 & 10 licenses. She lives in Staten Island, New York with her husband and two children. In her free time, Jen enjoys yoga and making memories with her family.
Disclaimer:
Forbes America’s Top Wealth Management Teams
Source: Forbes.com (Awarded Nov 2022) Data compiled by SHOOK Research LLC based on time period from 3/31/21-3/31/22.
Prior to joining our team, she was the Business Development Director of one of the 2022 Forbes America’s Top Wealth Management Teams.
Jen began her tenure with Morgan Stanley Wealth Management in 2013 as a Senior Registered Associate, bringing with her 8 years of experience with UBS Financial Services Inc. During her time at UBS she worked in back office operations with various trading & service desks, such as mutual funds, Taxable Fixed Income, Treasury Auction & 10b5-1 Trading Plans. She also successfully completed UBS’ Branch Management Training Program.
Jen received her B.S. in Business Management from St. John’s University and holds the Series 7, 66, 9 & 10 licenses. She lives in Staten Island, New York with her husband and two children. In her free time, Jen enjoys yoga and making memories with her family.
Disclaimer:
Forbes America’s Top Wealth Management Teams
Source: Forbes.com (Awarded Nov 2022) Data compiled by SHOOK Research LLC based on time period from 3/31/21-3/31/22.
About Hannah Belin
Hannah Belin joins The BTW Group as a Client Service Associate and assists the team with daily operational and administrative tasks to provide clients with exceptional service.
Hannah received her B.A. degree in Economics from Bucknell University and currently holds the Series 7 & 66 licenses. She is originally from Silver Spring, MD and currently resides in Manhattan. During her free time, she enjoys running, traveling, and spending time with friends and family.
Hannah received her B.A. degree in Economics from Bucknell University and currently holds the Series 7 & 66 licenses. She is originally from Silver Spring, MD and currently resides in Manhattan. During her free time, she enjoys running, traveling, and spending time with friends and family.
Contact Michael W Troncale
Contact Kate K Waters
Contact Michael DaSilva
Wealth Management
Global Investment Office
Portfolio Insights
This is a video content
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
Article Image
Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
Article Image
Financial Wellness
Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
- Reduce employee stress,
- Improve retention and engagement, and
- Set themselves apart by offering comprehensive financial wellness benefits.
Ready to start a conversation? Contact The BTW Group today.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
1Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
3Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.
4Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
5Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
6Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
7Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
8Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
9An investment in an exchange-traded fund (ETF) involves risks similar to those of investing in a broadly based portfolio of equity securities traded on exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so that an investor’s ETF shares, if or when sold, may be worth more or less than the original cost.
Investors should carefully consider the investment objectives, risks, charges and expenses of an exchange-traded fund (ETF) before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your Financial Advisor or visit the ETF company’s website. Please read the prospectus carefully before investing.
10When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
11Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
12Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
13Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
14Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
15Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
16When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
17The returns on a portfolio consisting primarily of Environmental, Social and Governance (“ESG”) aware investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because ESG criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
18Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
19When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
20Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
21Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
22Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Morgan Stanley does not assist with buying or selling art in any way and merely provides information to clients interested learning more about the different types of art markets at a high level. Any client interested in buying or selling art should consult with their own independent art advisor.
23Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
24Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
1Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
3Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.
4Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
5Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
6Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
7Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
8Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
9An investment in an exchange-traded fund (ETF) involves risks similar to those of investing in a broadly based portfolio of equity securities traded on exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so that an investor’s ETF shares, if or when sold, may be worth more or less than the original cost.
Investors should carefully consider the investment objectives, risks, charges and expenses of an exchange-traded fund (ETF) before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your Financial Advisor or visit the ETF company’s website. Please read the prospectus carefully before investing.
10When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
11Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
12Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
13Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
14Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
15Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
16When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
17The returns on a portfolio consisting primarily of Environmental, Social and Governance (“ESG”) aware investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because ESG criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
18Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
19When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
20Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
21Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
22Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Morgan Stanley does not assist with buying or selling art in any way and merely provides information to clients interested learning more about the different types of art markets at a high level. Any client interested in buying or selling art should consult with their own independent art advisor.
23Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
24Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)
